Moneyback on Petrol:
Thursday 28 Aug 2008
London closed above 5,600 for the first time since the end of June as bid talk resurfaced at Sainsbury’s and banks rallied after sentiment improved for US peers.
Thursday 28 Aug 2008
Banks are shining bright Thursday as hopes increase that American mortgage finance giants Fannie Mae and Freddie Mac won’t need the US government to bail them out. All the big US investment banks are up again today after gaining yesterday.
Thursday 28 Aug 2008
Good early gains in the US and a reinvigorated banking sector have lifted London’s blue chip index by more 1%.
Thursday 28 Aug 2008
IT services provider Computacenter recovered from a weak start to the year but still saw interim profits dip, as the company’s investment programme remains in full swing.
Thursday 28 Aug 2008
Estate agent Savills leads the way after saying demand for its consultancy and property management services remained “good” even as it reported a fall in profits and revenues.
Thursday 28 Aug 2008
Footsie has perked into the blue as financials dominate the risers, offsetting the losses posted by resources stocks.
Thursday 28 Aug 2008
London’s top stocks are lower in early deals on what could be the busiest reporting day ever.
Thursday 28 Aug 2008
Footsie is expected to start with little change this morning with city sources predicting it will rise only 3 points in early deals.
Wednesday 27 Aug 2008
Buoyancy in resource stocks coupled with some strong results ensured Footsie finished well in the blue today despite a shaky start.
Wednesday 27 Aug 2008
Equities have limped into positive territory in London, thanks largely to the strength of mining and oil stocks.
Wednesday 27 Aug 2008
On a huge couple of days for results, those companies producing the goods are leading the Footsie.
Wednesday 27 Aug 2008
Hargreaves Lansdown advanced after assets under administration at the investment manager increased by 9% in the year to end-June, despite a 16% fall in the FTSE All Share index during the period.
Wednesday 27 Aug 2008
Fallers outnumber risers by around two to one among Footsie constituents, with the risers dominated by commodity plays.
Wednesday 27 Aug 2008
Footsie has poked into the blue after a cautious start on a very busy day for company results.
Wednesday 27 Aug 2008
London is tipped for a quiet start with the £1.5bn loss posted by Taylor Wimpey likely to attract the attention even on a very busy day for company results.
Tuesday 26 Aug 2008
London erased a large chunk of an early triple digit loss, although a weak mining sector cancelled strength on Wall Street and bid talk surrounding Liberty International.
Tuesday 26 Aug 2008
Commodity plays and financials lead the Footsie lower, with the former easing in line with lower metal and oil prices and the latter once again under a cloud as concerns over credit markets refuse to recede.
Tuesday 26 Aug 2008
Prices have stabilised at their lower levels, with the Footsie remaining on or around 100 points in the hole.
Tuesday 26 Aug 2008
Bovis Homes is one of the best performers even after reporting the "toughest period of trading it has experienced in its time as a public company" and forecasting more difficult times.
Tuesday 26 Aug 2008
Shopping centre owner Liberty International is up on bid hopes after specialist mall owner Westfield announced a 2.96% stake and property investor Simon Property Group took its holding past 4%.